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China Huarong Energy Updates on Trading Suspension and Audit Delays

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China Huarong Energy Updates on Trading Suspension and Audit Delays

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China Huarong Energy Company Limited ( (HK:1101) ) just unveiled an announcement.

China Huarong Energy Company Limited has announced a continued suspension of trading and provided a quarterly update on its resumption progress. The delay in publishing the 2024 Annual Results is attributed to late audit commencements and foreign exchange controls affecting fee settlements. The company expects to release the results by 31 October 2025, contingent on settling outstanding audit fees. Despite these challenges, the company’s business operations remain unaffected.

More about China Huarong Energy Company Limited

China Huarong Energy Company Limited is engaged in the energy sector, focusing on energy exploration, production, and oil storage. The company operates primarily in the energy industry, with its business operations continuing as usual despite trading suspensions.

YTD Price Performance: -37.50%

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$235.5M

For a thorough assessment of 1101 stock, go to TipRanks’ Stock Analysis page.

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